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1118 King Street Image 1

$275,000

3 days agoSale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X12212125

1118 King Street, Cambridge, ON N3H 3P6

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Average Price
27500000.0%
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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 1118 King Street

A premier opportunity awaits an ambitious owner-operator with the sale of a well-established and thriving restaurant located in the vibrant core of Downtown Cambridge. This is a unique chance to acquire a successful, turn-key business strategically positioned to benefit from the area's significant and consistent foot traffic.Nestled amidst a dynamic mix of popular bars, corporate offices, and bustling retail stores, this establishment is a prime destination for a diverse and steady stream of patrons. The restaurant offers a welcoming atmosphere with an interior capacity for 60 guests and is fully licensed (LLBO), providing a crucial asset for revenue growth through beverage sales.The operation is supported by a fully equipped kitchen, ready for immediate culinary execution. A key advantage of this location is its convenient parking, with ample private spaces available at the rear of the building in addition to accessible street parking.This offering is defined by its remarkable flexibility and strong financial viability. The exceptionally low rent minimizes overhead, directly enhancing profitability. Furthermore, the absence of franchise or menu restrictions grants a new owner complete creative freedom to continue the current concept or to introduce any type of culinary vision to an eager downtown clientele.

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

2024

Listed by HOMELIFE 247 REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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